As an innovation, the bicycle was a stepping stone that helped human capital move onward to other inventions like the airplane, the auto and better roads.
By asking Apple to pay her and other artists when customers get their music for free displays Taylor Swift's understanding of the basics of capitalism.
Through a cost and benefit approach to crime control, the limited money available for municipal spending can be spent most efficiently.
The market solutions and regulatory approaches used to solve the problem of elephant poaching have not worked for wildlife conservation in Africa.
Through the industrialization of just one slice of bread, we can see the history of the U.S. economy since the beginning of the 20th century.
As female labor force participation increased since the 1970s, so too has the income inequality that resulted from assortative mating of higher earners.
Whether you stand in long lines to self-signal or you hire someone to do the wait for you, your decision reflects tradeoffs that relate to time.
An historical perspective and a look at what is owed, to whom and when provides insight about the culture and complexities of Greek sovereign debt.
Knowing that reusable grocery bags shifts consumer spending to more indulgent purchases, supermarkets can respond with new prices and product placement.
As the pill, education and employment opportunities changed the value of women as wives, the tradeoffs that relate to being married have also changed.
Average Americans disagree with the economic consensus for many issues according to surveys from the University of Chicago Booth School.
Called the American Dream, the income mobility that lifts a child beyond a parent's poverty can depend on a community's characteristics.












